Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day.On the other hand,a Canadian worker can produce 10 pairs of shoes or grow 20 apples per day.Which of the following statements is true?
A) The United States has the absolute advantage in the production of both shoes and apples.
B) Canada has the absolute advantage in the production of both shoes and apples.
C) The United States has the absolute advantage in the production of shoes and Canada has the absolute advantage in the production of apples.
D) Canada has the absolute advantage in the production of shoes and the United States has the absolute advantage in the production of apples.
Correct Answer:
Verified
Q66: Q67: Suppose that,given the same number of workers,the Q67: Suppose that a worker in Country A Q68: Suppose an American worker can make 20
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents